Tesla Inc. stock rises Friday, still underperforms market
MarketWatch
10/28/2022
© Terrence Horan
Shares of Tesla Inc. advanced 1.52% to $228.52 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.87% to 11,102.45 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. This was the stock's fourth consecutive day of gains. Tesla Inc. closed $185.98 short of its 52-week high ($414.50), which the company achieved on November 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Toyota Motor Corp. ADR rose 2.23% to $139.52, General Motors Co. rose 1.81% to $38.85, and Honda Motor Co. Ltd. ADR rose 1.06% to $22.83. Trading volume (68.7 M) remained 226,181 below its 50-day average volume of 68.9 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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